2 acre Factory for Auction in Kochi – JM Financial ARC

Property Details

Property type

Factory (Industrial)

Possession

Not specified

Area

2 acre (≈ 87,120 sq ft)

Reserve price / sq ft

₹358

Locality

—

City

Kochi

State

Kerala

Address

A. All those piece and parcels of land situated and lying in Block No 36 of Kannambr Village, Alathur, Thaluk in Sub-District of Alathur in the District of Pallakkad an extent of 2 Acres 90 Cents of land and buildings therein, and all improvements, thereon situated together with Factory Buildings, structures, erections, godown and all other assets fixed and attached to earth or permanently fastened to anything attached to earth both present and future in Sy no. 363/2 along with other fixed assets owned by Sanchesz Health Care Pvt Ltd. On the East by: Estate of Eldho & Betty, On the North by: Vendors 1 acre 45 cents & Estate of T.B. Thomas, On the West by: Property of Pankaj akshan Pillai, scaria, Gopalkrishna pillai, On the South by: - PWD Road & estate of Thannikkal kuttappan View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

JM Financial Asset Reconstruction Company

Branch

Prabhadevi, Mumbai

Auction type

SARFAESI Auction

Borrower

Sanchesz H***** C*** P***** L*****

Auction start

15 Dec 2026

Auction end

15 Dec 2026, 12:00 PM

EMD submission deadline

14 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471800

Price Check

This listing's reserve price works out to ₹358 per sq ft. The average across industrial bank auctions in Kochi on our site is ₹5,621 per sq ft, so this one is 94% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (AuctionTiger · Auction ID 471800), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹31,18,500 before 14 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 15 Dec 2026 starting above the reserve price, in multiples of ₹10,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.